India’s energy scheme will not impact CDM, experts say
India’s plans for a domestic energy efficiency cap-and-trade scheme have raised questions over how the market for Clean Development Mechanism (CDM) projects will be affected.
Under the scheme, businesses that use more energy can buy certificates from those that have excess. While it seems rules will need to be put in place to ensure an energy efficiency project cannot gain certificates from both this scheme and the CDM, some analysts believe there might be scope for overlap of the two schemes.
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